MACD Trading Method Summary

Summary:

The MACD indicator is one of the most widely and commonly used indicators available. MACD technical indicator is a momentum oscillator with some forex trend following characteristics.

MACD indicator is one of the most popular indicators used in forex analysis to generate forex signals using crossovers.

MACD indicator plots the divergence & convergence of moving averages & is constructed using moving average analysis. Moving Average Convergence/Divergence is a trend-following indicator. It indicates the correlation between 2 moving averages.